Plan Snapshot
- Plan Sponsor: Columbia Southern Education Group
- Sponsor EIN: 631175854
- Sponsor Address: 21982 UNIVERSITY LANE, ORANGE BEACH, AL, 36561
- Plan Type: 401(k)
- Total Participants: 958
- Total Assets: $35.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 958 | $35.8M | $1.2M | $2.6M |
| 2023 | 915 | $29.9M | $1.0M | $2.3M |
| 2022 | 946 | $30.0M | $1.4M | $3.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| REGIONS BANK | NONE | $49,825 | — | $49,825 |
| JOHN HANCOCK LIFE INSURANCE COMPANY | NONE | $18,600 | — | $18,600 |
| THE PENSION CENTER OF FLORIDA, INC. | NONE | $16,238 | — | $16,238 |
| WEWORSKI AND ASSOCIATES | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INSURANCE COMPANY — NONE
- WEWORSKI AND ASSOCIATES — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $84,663
- Estimated Expense Ratio: 0.237% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $150,021 | $49,825 | $85,298 | — | — |
| 2023 | $163,659 | $17,367 | $132,085 | — | — |
| 2022 | $245,631 | — | $227,689 | — | $17,823 |